Grocery Store Ground
For Sale
Contact for pricing
Pending
8035 VAUGHN RD, Montgomery, AL 36116
Walmart Neighborhood Market on a substantial parcel with a long-term lease and multiple extension options.
Property Size42,311 SF
Lot Size5.85 Acres
Days on Market143
Property Features for 8035 VAUGHN RD
General Information
Standard status
Pending
Size
42,311 SF
Lot size
5.85 Acres
Property subtype
Retail
Building Details
Year Built
2016
Buildings
1
Tenancy
Single
Listing Agency:
Marcus & Millichap - Birmingham
(786) 522-7017
Listed By:
Eddie Greenhalgh · License #AL 0000882980
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 1:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Birmingham
Investment Insights
Based on property information with market context.
The property includes a 42,311-square-foot Walmart Neighborhood Market building on 5.85 acres. Constructed in 2016, the asset is subject to a 20-year ground lease with more than 17 years remaining in the base term. The lease provides sixteen five-year extension options, with a 5% increase at each option.
Located at 8035 Vaughn Road in Montgomery, Alabama, the property sits near I-85, where traffic exceeds 85,000 vehicles per day. Traffic at the nearby Vaughn Road and Taylor Road intersection exceeds 75,000 cars daily. The surrounding area includes Maxwell Air Force Base, Hyundai’s manufacturing center, and Auburn University.
Located at 8035 Vaughn Road in Montgomery, Alabama, the property sits near I-85, where traffic exceeds 85,000 vehicles per day. Traffic at the nearby Vaughn Road and Taylor Road intersection exceeds 75,000 cars daily. The surrounding area includes Maxwell Air Force Base, Hyundai’s manufacturing center, and Auburn University.
Key Highlights
- 42,311‑square‑foot Walmart Neighborhood Market building
- 5.85‑acre parcel with a building constructed in 2016
- 20‑year ground lease with more than 17 years remaining on the base term
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,148
Businesses Nearby
376k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Shops & Services 25%
Groceries 22%
Leisure 5%
Walmart Neighborhood Market
Groceries
51,359 visits/mo
0.1 miles
Chick-fil-A
Dining
32,731 visits/mo
0.1 miles
McDonald's
Dining
32,479 visits/mo
0.4 miles
Winn-Dixie
Groceries
30,480 visits/mo
0.3 miles
Circle K
Shops & Services
29,263 visits/mo
0.4 miles
Demographics for 36116, AL
43,840
Population
20,007
Households
2.2
Avg Household Size
35
Median Age
33%
College-Educated
91%
High-School Grad
53.4 sq mi
ZIP Area
821
Density / Sq Mi
$53,973
Median Household Income
$33,039
Median Earnings
$1,056
Median Rent
$137,000
Median Home Value
Market
Vacancy Rate% for Retail in Montgomery, AL
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Similar Off Market Nearby
- Walmart Neighborhood Market — 8035 Vaughn Rd, Montgomery, AL 36116
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Walmart Neighborhood Market on a substantial parcel with a long-term lease and multiple extension options.
Where is this grocery and convenience store located?
The property is located at 8035 VAUGHN RD Montgomery, AL.
What are key features of this property?
This property features: 42,311‑square‑foot Walmart Neighborhood Market building; 5.85‑acre parcel with a building constructed in 2016; 20‑year ground lease with more than 17 years remaining on the base term
